<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 27,700 <INT-BEARING-DEPOSITS> 464,467 <FED-FUNDS-SOLD> 41,300 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 39,249 <INVESTMENTS-CARRYING> 51,409 <INVESTMENTS-MARKET> 51,342 <LOANS> 489,204 <ALLOWANCE> 9,066 <TOTAL-ASSETS> 665,076 <DEPOSITS> 579,054 <SHORT-TERM> 0 <LIABILITIES-OTHER> 15,738 <LONG-TERM> 23,000 <PREFERRED-MANDATORY> 35,679 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 11,605 <TOTAL-LIABILITIES-AND-EQUITY> 665,076 <INTEREST-LOAN> 11,253 <INTEREST-INVEST> 1,472 <INTEREST-OTHER> 356 <INTEREST-TOTAL> 13,081 <INTEREST-DEPOSIT> 0 <INTEREST-EXPENSE> 4,815 <INTEREST-INCOME-NET> 8,266 <LOAN-LOSSES> 1,948 <SECURITIES-GAINS> (51) <EXPENSE-OTHER> 0 <INCOME-PRETAX> 2,841 <INCOME-PRE-EXTRAORDINARY> 2,841 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,739 <EPS-PRIMARY> .50 <EPS-DILUTED> .50 <YIELD-ACTUAL> 5.68 <LOANS-NON> 3,166 <LOANS-PAST> 933 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 7,312 <CHARGE-OFFS> 207 <RECOVERIES> 13 <ALLOWANCE-CLOSE> 9,066 <ALLOWANCE-DOMESTIC> 9,066 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 4,126